Air Liquide Inks Long-Term Power Purchase Agreement with China Three Gorges for Renewable Electricity in China
The renewable electricity will obtain from solar and wind farms situated in the province of Jiangsu, which is the first province in China for Air Liquide in terms of electricity consumption.
June 17, 2023. By EI News Network
It underlines Air Liquide's pledge to lead the path in the energy transition and to reduce its carbon footprint, in line with its ADVANCE strategic program.
The renewable electricity will obtain from solar and wind farms situated in the province of Jiangsu, which is the first province in China for Air Liquide in terms of electricity consumption.
The produced electricity will diminish by up to 120,000 tonnes the CO2 emissions on average per year compared to today’s emissions. This is comparable to the electricity-related emissions of over 300,000 Chinese households.
This agreement, which will commence in January 2024, will permit Air Liquide to produce gases with a lesser carbon footprint at competitive prices and provide customers the ability to add more renewable content in their end products.
Francois Abrial, Member of the Air Liquide Group’s Executive Committee supervising Asia Pacific, added, “As the first long-term PPA for renewable electricity signed by Air Liquide in China, this agreement represents a new significant step in the decarbonization of the Group's activities towards carbon neutrality. It will allow us to lower our carbon footprint but also to meet the growing demand from our customers for competitive low-carbon solutions. This is in line with our strategic plan ADVANCE, which inseparably combines financial and extra-financial performance.”
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